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Nissan Launches “The Arc” Business Plan: A Bridge to Future Growth

Nissan Motor Co., Ltd. has unveiled “The Arc,” its comprehensive new business plan aimed at driving value and strengthening competitiveness. Positioned as a bridge between the Nissan NEXT transformation plan and Nissan Ambition 2030, The Arc focuses on key initiatives such as a broad-based product offensive, increased electrification, new engineering and manufacturing approaches, adoption of new technologies, and strategic partnerships to bolster global unit sales and profitability.

Nissan President and CEO Makoto Uchida emphasised that The Arc plan reflects the company’s continuous progression and ability to navigate changing market conditions. Through decisive actions outlined in the plan, Nissan aims to achieve sustainable growth and profitability amidst extreme market volatility.

The plan comprises mid-term imperatives for fiscal years 2024 through 2026 and mid-to-long-term actions extending through 2030. One of the key objectives is to ensure volume growth through a tailored regional strategy and accelerate the transition to electric vehicles (EVs). By fiscal year 2026, Nissan targets an increase in annual sales by 1 million units and aims to achieve an operating profit margin of over 6%.

To support its growth objectives, Nissan plans to launch 30 new models globally over the next three years, with 16 being electrified and 14 internal-combustion engine (ICE) models. The company aims for electrified vehicles to represent 40% of global sales by fiscal year 2026 and 60% by 2030.

The plan includes region-specific strategies, such as increasing sales across regions, launching new models, and enhancing EV competitiveness. Notable initiatives include the launch of seven all-new models in the U.S. and Canada, refreshment of 73% of Nissan-brand models in China, and the introduction of six all-new models in Europe.

In addition to product development, Nissan plans to leverage new development and manufacturing approaches to make EVs more affordable and increase profitability. These initiatives include reducing the cost of next-generation EVs by 30% and achieving cost parity between EVs and ICE models by fiscal year 2030.

Strategic partnerships will play a crucial role in Nissan’s global portfolio expansion and technology development. The company aims to collaborate with partners to develop batteries and increase global capacity to 135 gigawatt hours.

Financial discipline is another cornerstone of The Arc plan, with Nissan aiming to maintain stable investments in research and development (R&D) and achieve a positive free cash flow. The company plans to invest over 400 billion yen in battery capacity and increase electrification investments progressively.

Uchida concluded by expressing Nissan’s confidence in executing The Arc plan, which will provide a solid foundation to realise the company’s long-term vision outlined in Nissan Ambition 2030.

Genesis GV60 Magma Concept: Performance Subbrand in the Works

Genesis, the Korean luxury brand, has announced its foray into the performance segment with the introduction of the GV60 Magma concept, unveiled ahead of the New York auto show. This marks the debut of Genesis’ performance-focused subbrand, with the GV60 Magma set to potentially become the first production vehicle under this banner.

Derived from Genesis’ first EV, which shares its platform with the Hyundai Ioniq 5 and Kia EV6, the GV60 Magma concept showcases a striking design that emphasises its performance-oriented nature. While technical details were not provided, it’s speculated that the GV60 Magma could share components with the high-powered EV6 GT and Ioniq 5 N models, boasting impressive power outputs of 576hp and 641hp, respectively.

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Sabahan Students Receive RM600 Air Ticket Subsidy

The state government of Sabah has announced a significant subsidy aimed at easing the financial burden on Sabahan students studying at higher learning institutions in Peninsular Malaysia, Sarawak, and Labuan. Chief Minister Datuk Seri Hajiji Noor revealed that a total allocation of RM10 million has been dedicated to providing air ticket subsidies, amounting to RM600 per student.

According to The Star, Hajiji made the announcement while visiting Penang, where he met with Sabahan students during a breaking-of-fast event. He emphasised that the subsidy, drawn from the Chief Minister’s special allocation, is a one-time assistance measure designed to directly benefit the students. (more…)

Nissan Unveils Ambitious Three-Year Business Plan with Focus on Electrification

Nissan has set its sights on a transformative journey with the revelation of a dynamic three-year business plan, placing electrification at its core while spotlighting the North American market. This ambitious roadmap aims to reinvigorate its model lineup and expedite the shift toward electrified vehicles, coupled with a substantial focus on enhancing the customer experience, specifically in the United States.

Central to Nissan’s strategy is the introduction of seven fresh models in North America and a sweeping revitalisation of 78 per cent of its current U.S. portfolio. Moreover, the company plans to infuse $200 million into refining its integrated customer service offerings, demonstrating a commitment to not just innovation but also customer satisfaction.

Key pillars of Nissan’s strategy include a robust push towards electrification, featuring the introduction of plug-in hybrid models and the innovative e-Power system into the American market. The e-Power technology, leveraging a petrol engine as a generator for electric motors, promises heightened efficiency sans the necessity for plug-in charging, a move likely to resonate with eco-conscious consumers.

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GWM Malaysia Expands with New 3S Centre in Setia Alam

Great Wall Motor (GWM) Malaysia has announced the opening of its latest 3S Centre in Setia Alam, offering Sales, Service, and Spare parts to enhance the customer experience and support its growing dealer network. This new facility underscores GWM’s commitment to providing comprehensive services and improving convenience for customers in Shah Alam and Klang.

The spacious GWM Setia Alam 3S Centre, covering over 6000 square feet, features a showroom, a personalised customer lounge, and four service bays staffed by trained GWM technicians. With the capacity to handle after-sales service and maintenance for up to 800 vehicles per month, the centre caters to GWM’s diverse lineup, including brands like Haval, ORA, and the Cannon series.

Mike Cui An Qi, Managing Director of GWM Malaysia, emphasised the company’s dedication to delivering exceptional service and enhancing customer satisfaction. He highlighted the state-of-the-art facility as a testament to GWM’s commitment to quality and dependability, aiming to provide an unparalleled experience for customers.

In addition to expanding its network, GWM Malaysia is introducing new products to the Malaysian market. The GWM ORA 07, a streamlined electric coupe, is set to be officially launched on April 3rd. Customers can already view and test drive the ORA 07 in GWM showrooms across Malaysia. To show appreciation for early supporters, GWM Malaysia is offering free maintenance for up to 5 years or 75,000 km (whichever comes first) for customers who pre-order before the EV’s launch date.

Details of GWM Setia Alam 3S Centre:

Address: No. 5-1, Setia Avenue, 2, Jln Setia Prima S U13/S, Setia Alam, 40170 Shah Alam, Selangor
Operation Hours:
- Showroom: Monday – Sunday | 9am – 6pm (except Public Holiday)
- Service Centre: Monday – Saturday | 8am – 5.30pm (closed Sundays and Public Holidays)

Chery Tiggo 7 Pro Previewed – Available for Booking with a Estimated Price of Below RM130k

Chery Malaysia has previewed their second model to be introduced in Malaysia this year, the Chery Tiggo 7 Pro.

Chery Malaysia is set for an exciting year, after successfully launching Chery’s first electric vehicle, the Omoda E5 earlier this month. Today, the Chinese automotive brand is previewing the highly anticipated, Tiggo 7 Pro to members of the media and dealer-partners.

The Tiggo 7 Pro will be offered alongside the larger Tiggo 8 Pro in Malaysia, expanding Chery’s Tiggo family lineup.

The Tiggo 7 Pro boasts a robust 1.6L Turbocharged engine, generating 197HP and 290Nm of torque, paired perfectly with a 7-speed Dual Clutch Transmission (DCT), this combination ensures seamless power delivery and exceptional efficiency, all while maintaining competitive fuel consumption at 7.0L/100km. It also features 18-inch Parametric wheels.

The Tiggo 7 Pro comes equipped with a Panoramic Sunroof, adding a touch of fun and functionality to your driving experience. With the touch of a button, you can open the sunroof to let in fresh air and natural light, enhancing your overall comfort and enjoyment on the road. Whether you’re cruising through the city or embarking on a weekend getaway, the sunroof provides a wide view of the sky, creating a sense of spaciousness within the cabin.

Setting itself apart from the traditional infotainment systems, the Tiggo 7 Pro comes with a sleek 24.6” Integrated Dual Screen. This innovative design combines two screens into one seamless display, providing a modern and sophisticated look to the car’s interior. With the availability of the Wireless Apple CarPlay and Android Auto in the Tiggo 7 Pro, it allows drivers to seamlessly integrate their compatible smartphones with the car’s infotainment system without the need for a physical connection. This feature enables access to various apps, navigation, music, and other functions directly from the car’s display.

By eliminating the need for cables, it provides a more convenient and clutter-free experience, enhancing driver convenience and safety.

The Tiggo 7 Pro ensures your phone is quickly charged with its in-car wireless 50W charger, featuring an active cooling system that effectively reduces the phone’s temperature during the wireless charging process.

Experience never-ending drives filled with music in the Tiggo 7 Pro, equipped with the premium Sony Audio System. With its beautiful sound quality delivered through 8 speakers, every journey becomes immersive and enjoyable for all passengers. The interior ambient of the Tiggo 7 Pro can be uniquely tailored with a palette of 64 colours, enhancing its already elegant design.

Safety is a top priority for the Tiggo 7 Pro which is equipped with the latest generation of the Advanced Driver Assistance System 2.5 (ADAS 2.5) system.

The 16 ADAS 2.5 Functions Featured in the Tiggo 7 Pro are Front Collision Warning (FCW), Adaptive Cruise Control (ACC), Multi Collision Brake (MCB), Door Open Warning (DOW), Integrated Cruise Assist (ICA), Rear Collision Warning (RCW), Lane Departure Prevention (LDP), Blind-spot Detection (BSD), Autonomous Emergency Braking (AEB), Lane Departure Warning (LDW), Traffic Jam Assistant (TJA), Rear Cross Traffic Braking (RCTB), Rear Cross Traffic Alert (RCTA), Lane Change Assist (LCA), Lane Departure Reminder (LDR), Emergency Lane Keeping (ELK).

Ideal for road trips and outdoor adventures, the Tiggo 7 Pro is designed with high-quality leatherette upholstery on all seats, offering a luxurious feel that’s also easy to maintain. The front seats provide additional comfort with their ventilation feature.

With a length of 4513mm and a wheelbase of 2670mm, it provides ample space for passengers and cargo alike. The generous 475L – 1672L boot capacity ensures you have plenty of room for all your belongings. Standing at a height of 1696mm with a ground clearance of 175mm, and a width of 1862mm. For reference, the Tiggo 8 Pro has a length of 4722 mm a width of 1860 mm, and a wheelbase of 2710 mm.

The Chery Tiggo 7 Pro will be offered in four colours; Bloodstone Red with Black Roof, Carbon Black, Vanilla Blue and Khaki White with Black Roof with an estimated price of RM130,000.

Starting today (25 March), customers can order the Tiggo 7 Pro, with the SUV available for viewing at all Chery showrooms nationwide from April 2024 onwards. Customers can look forward to receiving their new Tiggo 7 Pro by the end of May 2024.